If you study what the really big things on the internet are, you realize they are masters at making things fast and not making people think.
The thin line between spending time doing research before taking the plunge and buying time to make up mind to get ready for risk is really thin and could take forever to figure out.
A great entrepreneur understands the revenue drivers and cost structures of the business deeply and think though what will it take to achieve a sustainable and profitable market leadership in the segment it is operating in.
Even then there was no WhatsApp sign for the office. “Their directions were ‘Find the Evernote building. Go round the back. Find an unmarked door. Knock.
We aren’t talking about a division of a billion dollar chop shop in India. This is the story of a bootstrapped startup, born in a dorm room back in 2009.
A large majority of deals do happen once they reach the term sheetstage; hence it’s a serious milestone. Its usually a 3-4 page document that founders can Google and decipher on their own and with a little bit help.
I have come across examples where the difference in in-app CTRs has been to the tune of 2X between custom dashboard and Google Analytics. A deeper dive into the code of one such case revealed that the click event was being counted twice in the custom dashboard!
Some instability and chaos is part of almost every merger & acquisition. As the ecommerce industry consolidates & smaller deals pick up, if you are a startup employee, it won’t be a bad idea to be ready for it.
Here is a pick from the list of Gobbledygook that we’ve been hearing most frequently these days and what it really means.
In most of the cases, the salary is almost 3-4 X of what a startup is willing to pay for. Is that worth it? Maybe, but what about the baggage they bring along? My guess is no.